1H FY26 Half Year Results Presentation

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Stock SRG Global Ltd (SRG.ASX)
Release Time 17 Feb 2026, 8:07 a.m.
Price Sensitive Yes
 SRG Global Delivers Record 1H FY26 Results
Key Points
  • Record 1H FY26 financial performance with EBITDA up 20% and EBIT(A) up 26% on 1H FY25
  • Increased returns to shareholders with 20% uplift in dividends
  • Excellent cash generation with 97% EBITDA cash conversion
Full Summary

SRG Global Ltd reported a record 1H FY26 financial performance, with revenue of $743.9 million, up 20% on 1H FY25. EBITDA increased 20% to $71.0 million, while EBIT(A) grew 26% to $53.2 million. The company's NPAT(A) increased 27% to $33.7 million. SRG Global's EBITDA margin remained steady at 9.5%, while EBIT(A) margin improved to 7.2%. The company also increased returns to shareholders, with a 20% uplift in dividends to 3.0 cents per share and a 20% increase in earnings per share (A) to 5.5 cents. SRG Global continued to execute its growth strategy, delivering a record work in hand of $4.2 billion, up 24% on 1H FY25. The company maintained its strong focus on cash generation, with EBITDA cash conversion of 97% and a net debt position of $21.2 million as at 1H FY26. SRG Global also completed the transformational acquisition of TAMS, a specialist port and marine infrastructure services provider, in October 2025, further strengthening the company's market leadership position in highly attractive growth markets.

Guidance

SRG Global has provided FY26 guidance of an EBITDA range of $164 million to $168 million and an EBIT(A) range of $126 million to $130 million.

Outlook

SRG Global is well-positioned for ongoing sustainable growth, underpinned by its strong business fundamentals, diversified service offering, and record work in hand. The company continues to see positive growth opportunities across key sectors including Water, Transport, Industrial / Resources, Ports / Marine, and Energy.